Big Split Between Investors, Advisors on Global Bonds: BNY Mellon
While most advisors recommend global bonds, few investors have them in their portfolios, BNY Mellon reports.
Morgan Stanley Settles Mortgage Case for $3.2 Billion
The settlement addresses misconduct that contributed to the 2008 financial crisis, New York Attorney General Eric Schneiderman says.
Most Advisors Don’t ‘Fully Understand’ DOL Fiduciary Rule: Eaton Vance
“There will be an enormous educational effort for the industry to try to understand" the impending fiduciary rule, says Eaton Vance's John Moninger.
Will Student Debt Crush Recent Grads’ Retirement?
“Student loans definitely have a meaningful adverse effect on retirement security,” a Center for Retirement Research report finds.
Higher Fees Won’t Spook Most Advisory Clients: SEI
An SEI survey also finds that 38% of mass affluent clients are “either wrong or confused” about how they compensate their advisor.
‘Disruptive’ Digital Innovation Driving M&A
Many firms are joining forces to enhance their technology in order to stay relevant, United Capital's Matt Brinker says as his firm makes two acquisitions.
How Can Employers Help ‘Generation DC’?
Employees age 22 to 50 are the first cohort to rely predominantly on a defined contribution plan as their primary source of retirement funding.
Fees Now Top Commissions as Advisor Revenue Source: CLS
More advisors are embracing fee-based business models and transitioning away from a commission-based transactional approach, according to CLS Investments.
Do ESG Investments Boost Portfolios?
Only 26% of institutional investors in a Natixis survey think environmental, social and governance investing has had a positive effect on their investment performance.
Why Advisors’ Google Presence Is More Vital Than They Think
With 40,000 Google searches a second, managing what potential clients find there is imperative for financial advisors.